Sherwin-Williams: Heidi Petz elected new CEO
The Sherwin-Williams Company has announced that its Board of Directors has elected Heidi G. Petz to serve as the Company’s next Chief Executive Officer (CEO), effective January 1, 2024.
Ms. Petz, 48, who has served as President and Chief Operating Officer of Sherwin-Williams for the last two years, will assume the CEO duties currently held by Chairman and CEO John G. Morikis. Ms. Petz will continue to serve as President. After serving as CEO since 2016, Mr. Morikis will continue to serve as Executive Chairman. In addition, the Board increased its size from 10 to 11 members and elected Ms. Petz to fill the resulting vacancy, effective October 10, 2023.
Petz joined the Company in 2017
Prior to serving as the Company’s President and Chief Operating Officer, Ms. Petz served as President of The Americas Group and previous to that role, served as President of the Consumer Brands Group, successfully leading both of these global businesses through some of the most challenging periods in the Company’s history. Ms. Petz joined the Company in June 2017 in connection with the Valspar acquisition. Prior to joining Valspar in 2013, she held various leadership positions with Target Corporation, Newell Rubbermaid and Price Waterhouse Coopers.
